Lindab's AGM 7 May 2008 gave the board a mandate to decide, during the period until the next ordinary AGM, to repurchase and transfer own shares up to a maximum amount of SEK 400 m. However, the Company's holding of its own shares may not exceed 5 percent of all shares in the company at any one time.
The buy-back shall be used to adjust the Company's capital structure. The repurchased shares will be used for financing possible acquisitions, be utilised in connection with the supply of shares in exchange for issued options within the framework of a possible incentive programme, or the shares will be cancelled.
Per 30 September 2008, Lindab owned 2,937,750 shares, purchased for SEK 297 m. The total number of shares issued by Lindab remains at 78,707,820.